VOLITIONRX CFO granted 202,000 RSUs as compensation
Hughes Terig reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Hughes Terig reported acquisition or exercise transactions in this Form 4 filing.
VOLITIONRX LTD Chief Financial Officer Terig Hughes reported an equity compensation grant rather than a market trade. On February 26, 2026, he was awarded 202,000 restricted stock units (RSUs) under the company’s 2024 Stock Incentive Plan in lieu of cash compensation otherwise owed.
The RSUs will be earned in twelve approximately equal monthly installments starting March 1, 2026. All earned RSUs are then subject to additional time-based vesting in a single installment on February 26, 2027, generally conditioned on Mr. Hughes’ continued service. Upon vesting and settlement, he will receive an equivalent number of common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 202,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. On February 26, 2026, the reporting person was awarded 202,000 restricted stock units ("RSUs") under the Issuer's 2024 Stock Incentive Plan in lieu of cash compensation that would otherwise have been owed to the reporting person. The RSUs will be earned in twelve approximately equal monthly installments commencing on March 1, 2026. Once earned, they will remain subject to additional time-based vesting in a single installment on February 26, 2027, and are generally subject to continued service by the reporting person throughout each applicable earning and vesting date. Upon vesting and settlement, the reporting person will receive a number of shares of common stock equal to the number of RSUs that have been earned and vested as of the vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did VOLITIONRX LTD (VNRX) disclose for Terig Hughes?
How many RSUs did VNRX’s CFO receive and under which plan?
How will the 202,000 RSUs for VNRX’s CFO be earned over time?
When do the awarded RSUs to VNRX’s CFO fully vest?
Does the VNRX CFO’s RSU grant involve an immediate cash transaction or market trade?
What does the VNRX CFO receive upon vesting and settlement of the RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.